Cardano ($ADA ) is showing signs of a potential breakout from its descending triangle pattern.

The current price is hovering around $0.6312, with a key resistance level at $0.7011.

If ADA can break above this resistance, it may signal a bullish trend reversal, targeting $0.7400 and potentially higher levels.

However, if the price fails to break out, it could continue its downward trend. Traders should keep an eye on the $0.6312 level for a potential entry point.

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